Of all the various “Nutcracker” productions that pervade New York during the month of December, only one features ballerinas in bondage gear, a pole-dancing Turkish delight and a Sugar Plum Fairy who sparkles in pasties and stilettos.

For those who prefer some spice with their sugar, Company XIV's “Nutcracker Rouge” is the spectacle of the season. Now in its second year, “Rouge,” which opened Dec. 18 at XIV in Manhattan's East Village, puts a saucy spin on the yuletide coming-of-age story of Pyotr Ilyich Tchaikovsky's most famous...